It’s safe to assume that insurance companies don’t want their customers to go rate shopping. People who shop around for cheaper price quotes will probably switch companies because there are good odds of finding a policy with more affordable rates. A recent insurance study revealed that drivers who compared rates once a year saved on average $70 a month compared to policyholders who never compared rates.
If finding the lowest price on Suzuki Kizashi insurance in Durham is why you’re reading this, then having a grasp of how to find and compare auto insurance can help simplify the process.
The recommended way to get more affordable Suzuki Kizashi insurance in Durham is to regularly compare quotes from different companies in North Carolina.
- Step 1: Get a basic knowledge of policy coverages and the changes you can make to prevent expensive coverage. Many policy risk factors that cause high rates such as inattentive driving and a not-so-good credit score can be improved by making minor changes to your lifestyle. This article gives information to keep prices down and find possible discounts that are available.
- Step 2: Quote rates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can give quotes from a single company like Progressive or Allstate, while agents who are independent can give you price quotes from many different companies. View insurance agents
- Step 3: Compare the quotes to your current policy to determine if you can save on Kizashi insurance. If you find a better price and buy the policy, make sure there is no lapse in coverage.
- Step 4: Notify your company or agent of your intent to cancel your existing policy and submit the completed application along with a down payment for the new coverage. Make sure you put the new certificate verifying proof of insurance in an easily accessible location in your vehicle.
One key aspect when comparing rates is to try to use the same deductibles and limits on every quote request and and to look at as many carriers as you can. This helps ensure a level playing field and a complete selection of prices.
If you have a policy now or are just looking to switch companies, use these money-saving tips to buy cheaper car insurance without sacrificing coverage. Locating the most cost-effective car insurance policy in Durham is actually not that difficult if you follow our advice. Smart buyers only have to learn the quickest way to quote multiple rates from many different companies.
Suzuki Kizashi insurance coverage information
The data table displayed next covers estimates of insurance premium costs for Suzuki Kizashi models. Learning more about how insurance premiums are formulated can benefit drivers when making informed decisions when comparing rate quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Kizashi S | $174 | $322 | $336 | $20 | $100 | $952 | $79 |
| Kizashi S AWD | $196 | $322 | $336 | $20 | $100 | $974 | $81 |
| Kizashi SE | $196 | $322 | $336 | $20 | $100 | $974 | $81 |
| Kizashi GTS | $196 | $378 | $336 | $20 | $100 | $1,030 | $86 |
| Kizashi SE AWD | $196 | $378 | $336 | $20 | $100 | $1,030 | $86 |
| Kizashi GTS AWD | $196 | $378 | $336 | $20 | $100 | $1,030 | $86 |
| Kizashi SLS | $196 | $378 | $336 | $20 | $100 | $1,030 | $86 |
| Kizashi SLS AWD | $218 | $378 | $336 | $20 | $100 | $1,052 | $88 |
| Get Your Own Custom Quote Go | |||||||
Data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and North Carolina minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Premium amounts do not factor in specific garaging location which can decrease or increase coverage rates noticeably.
Deductible analysis
A question often asked by Durham drivers is the level to set your comp and collision deductibles. The premium rates below summarize how much more you’ll pay when you choose different policy deductibles. The first price estimate table uses a $250 deductible and the second pricing table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Kizashi S | $192 | $324 | $250 | $14 | $74 | $879 | $73 |
| Kizashi S AWD | $218 | $324 | $250 | $14 | $74 | $905 | $75 |
| Kizashi SE | $218 | $324 | $250 | $14 | $74 | $905 | $75 |
| Kizashi GTS | $218 | $382 | $250 | $14 | $74 | $963 | $80 |
| Kizashi SE AWD | $218 | $382 | $250 | $14 | $74 | $963 | $80 |
| Kizashi GTS AWD | $218 | $382 | $250 | $14 | $74 | $963 | $80 |
| Kizashi SLS | $218 | $382 | $250 | $14 | $74 | $963 | $80 |
| Kizashi SLS AWD | $242 | $382 | $250 | $14 | $74 | $987 | $82 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Kizashi S | $118 | $204 | $250 | $14 | $74 | $660 | $55 |
| Kizashi S AWD | $134 | $204 | $250 | $14 | $74 | $676 | $56 |
| Kizashi SE | $134 | $204 | $250 | $14 | $74 | $676 | $56 |
| Kizashi GTS | $134 | $240 | $250 | $14 | $74 | $712 | $59 |
| Kizashi SE AWD | $134 | $240 | $250 | $14 | $74 | $712 | $59 |
| Kizashi GTS AWD | $134 | $240 | $250 | $14 | $74 | $712 | $59 |
| Kizashi SLS | $134 | $240 | $250 | $14 | $74 | $712 | $59 |
| Kizashi SLS AWD | $150 | $240 | $250 | $14 | $74 | $728 | $61 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Rates do not factor in zip code location which can affect premiums greatly.
We can estimate from the data above that using a $250 deductible costs about $20 more each month or $240 a year averaged for all Kizashi models than choosing the higher $1,000 deductible. Because you would pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to have more than 38 months between claim filings, you would come out ahead if you decide on a higher deductible.
How to determine if higher deductibles are a good idea
| Average monthly premium for $250 deductibles: | $78 |
| Average monthly premium for $1,000 deductibles (subtract): | – $58 |
| Monthly savings from raising deductible: | $20 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $20 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 38 months |
The example below illustrates how your deductible choice and can impact Suzuki Kizashi insurance premiums for each age group. The data is based on a married male driver, full coverage, and no additional discounts are factored in.
Tickets and at-fault accidents raise rates
The example below illustrates how speeding tickets and at-fault fender-benders can influence Suzuki Kizashi insurance costs for different age groups. The premiums assume a married male driver, comp and collision included, $250 deductibles, and no discounts are taken into consideration.
Does it make sense to buy full coverage?
The chart below illustrates the difference between Suzuki Kizashi yearly insurance costs when comparing full coverage to state minimum liability only. The costs are based on no claims, a clean driving record, $500 deductibles, drivers are not married, and no discounts are applied to the premium.
When to stop paying for full coverage
There is no definitive guideline that works best for making the decision to drop physical damage insurance, but there is a guideline you can use. If the annual cost of having full coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then it might be time to consider dropping full coverage.
For example, let’s assume your Suzuki Kizashi book value is $6,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $5,000 after the deductible is paid. If premiums are more than $500 a year for physical damage coverage, then you may want to consider only buying liability coverage.
There are some circumstances where dropping full coverage is not a good plan. If you haven’t satisfied your loan, you have to carry full coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should not consider dropping full coverage.
How to find a good North Carolina auto insurance company
Picking the right company is hard considering how many companies sell coverage in Durham. The rank data shown below could help you select which auto insurers to look at purchasing from.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Car insurance 101
Having a good grasp of your auto insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be difficult to understand and coverage can change by endorsement. Listed below are the normal coverages found on most auto insurance policies.
Liability car insurance
Liability coverage protects you from injuries or damage you cause to other’s property or people in an accident. It protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.
It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 30/60/25 which means $30,000 in coverage for each person’s injuries, a limit of $60,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.
Liability insurance covers claims like funeral expenses, bail bonds, attorney fees and medical services. How much coverage you buy is up to you, but consider buying as much as you can afford. North Carolina requires drivers to carry at least 30/60/25 but you should consider buying more coverage.
The chart below demonstrates why buying low liability limits may not be adequate.
UM/UIM (Uninsured/Underinsured Motorist) coverage
Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family as well as damage to your Suzuki Kizashi.
Since a lot of drivers have only the minimum liability required by law (30/60/25), it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.
Comprehensive auto coverage
Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive coverage protects against claims like hitting a bird, hail damage, hitting a deer, falling objects and fire damage. The highest amount your auto insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Medical payments and PIP coverage
Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses like dental work, rehabilitation expenses and pain medications. They are often used in conjunction with a health insurance policy or if you do not have health coverage. It covers you and your occupants and will also cover if you are hit as a while walking down the street. PIP is not available in all states and gives slightly broader coverage than med pay
Collision insurance
This covers damage to your Kizashi caused by collision with another car or object. A deductible applies and then insurance will cover the remainder.
Collision insurance covers claims such as scraping a guard rail, driving through your garage door, damaging your car on a curb and hitting a mailbox. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible on your Kizashi to get cheaper collision coverage.
The most affordable rates come from being thorough
In this article, we presented a lot of ways to lower your Suzuki Kizashi insurance rates in Durham. It’s most important to understand that the more companies you get car insurance rates for, the higher the chance of saving money. You may even discover the lowest rates come from a smaller regional carrier. Some small companies can often insure niche markets at a lower cost than their larger competitors like Allstate, GEICO and Progressive.
When trying to cut insurance costs, do not buy lower coverage limits just to save a few bucks. There are many occasions where an insured cut uninsured motorist or liability limits and found out when filing a claim that their decision to reduce coverage ended up costing them more. The ultimate goal is to find the BEST coverage at the best possible price while still protecting your assets.
To read more, link through to these articles:
- Crash Avoidance Technologies FAQ (iihs.org)
- Who Has Cheap Auto Insurance for Uber Drivers in Durham? (FAQ)
- Who Has Cheap Auto Insurance for a School Permit in Durham? (FAQ)
- How Much is Car Insurance for Nurses in Durham? (FAQ)
- How Much is Auto Insurance for 4×4 Vehicles in Durham? (FAQ)
- Things to Know Before you Cancel Insurance (Allstate)
- What if I Can’t Find Coverage? (Insurance Information Institute)